
Model and Sample Pre Acquisition Disclosure Forms for Prepaid Accounts Files Consumerfinance
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People also ask
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What additional disclosures does Regulation E require be made with a prepaid card?
Key Provisions to Regulation E A short form disclosure; Certain information, including the name of the prepaid account program and any fee for activating the prepaid account, disclosed in close proximity to the short form disclosure; and. A long form disclosure;
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What is the CFPB prepaid rule?
The Prepaid Rule requires prepaid account issuers to submit their prepaid account agreements to the Bureau. Issuers must make a submission whenever a new agreement is offered, a previously submitted agreement is amended, or a previously submitted agreement is no longer offered.
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